Wellen Construction Co. INC

$580,500 PPP Loan in Marlborough, Massachusetts

Loan Details

Loan Number
4423377000
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$580,500
Current Approval
$580,500
Forgiveness Amount
$583,681
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wellen Construction Co. INC
Address
488 Boston Post Rd
ZIP Code
01752-3604
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$33.0M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$464,500
Rent
$40,000
Utilities
$20,000
Health Care
$56,000

Lender Information

Servicing Lender
St. Mary's Cu
Originating Lender
St. Mary's Cu

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